What is contagion?
“ The likelihood that significant economic change in one country will spread to other countries.”
-Investopedia-
1. CLOSING CASE
American International Group
When the financial crisis in the U.S. in late 2008, many nations could not avoid contagion and its pernicious effects.
In the United States, a notable casualty was AIG.
In 2008,
AIG’s near colla
Chart 4. is a graph that shows 7 foreign and domestic oil refining companies's Financial Leverage percentage.
Royal dutch shell and Chevron show more attractive ratios than other companies.
Financial Leverage percentage is related to ROE and ROA, so the graph’s shape is so similar. BP shows very high percentages for 3 years, but it keeps decreasing. And that difference is getting bigger and
to Japan.
(미국 무역 대표는 일본에 대해 무역 제재를 발표했다.)
(7) deficit : 적자
Our trade deficit went up last quarter.
(우리의 무역 적자가 지난 분기에 올라갔다.)
(8) margin : 수익, 이윤
He made a fair margin of profit.
(그는 상당한 이익을 남겼다.)
(9) commitment : 책임. 약속
You should keep the marriage commitment.
grants in the U.S. were formed thru the consolidation or merger of several closely related categorical grant programs. (목적이 넓어서 grantee가 구체적인 사용법을 정할 수 있음)
Defining features of grants
Conceptually, grants are payments from a donor government toa recipient organization or an individual. More, specifically, they are a gift that has the aim of either s
to evaluate the attractiveness of investment by comparing each company's financial ratios from their financial statements.
Ⅱ. Financial Ratio analysis
1. Liquidity
Liquidity refers toa company's ability to meet its current maturing debts. And it focuses on the relationship between current assets and current liabilities. With it, Creditors and analysts evaluate a company's short-ter
a new record by selling 10 billion bottles in the shortest period of time for the first time in Korea. The same technological strength redefined JINRO’s product quality with CHAMISUL FRESH with 19.8% alcohol content by incorporating the BCA (Bamboo Charcoal Agitation) method and integrating the system into the process. JINRO vows to remain the world’s best soju maker representing Korea with p
A fast-paced restaurant’ chain and high brand in the industry is becoming bigger and bigger in the world. Actually, South Korea students can easily see U.S restaurant chain. So we wonder why The U.S restaurant is in Korea besides another country. Surely the reason can be special companies’ management or marketing and so on. But the becoming of restaurant’ chain in the world isn’t easy if
Our team has decided toanalyze the merger and acquisition case of Korea Express Co. The company is now in the situation where they finalize the bidding price per share. To briefly introduce about the maiden, Korea Express has a long history as a leading distribution company for the last 80 years. Kumho acquired Korea Express in 2008, and now due to the financial crises struck in 2011, Kumho is t
1.2.2. The Law of Requisite Variety
The Law of Requisite Variety says that the number of different states of a system’s control mechanism must be higher than or at least equal to the number of (possible) different states in the system being controlled, in order to guarantee stability. But in reality, the variety of the environment is larger than the variety of the organization.
Stafford Beer
vehicles with satellite links)
Already occupied by strong competitors such as SONY Ericsson
The broadcasting system customers had established operating infrastructure and upgrading process
Early stage in establishing broadcasting system and structure
(No strong competitors)
Required tosecure main devices and equipments
Expectation to make contracts for operating and upgrading